Seller's Agent in 2025
Tracy Petersen
VM Real Estate Group
(248) 470-0216
3 in this area
60 Total Sales
56 Waldo St Pontiac, MI 48341
5
Beds
3
Baths
2,567
Sq Ft
7,405
Sq Ft Lot
Highlights
- Porch
- Forced Air Heating System
- Ceiling Fan
About This Home
As of July 2025This well-maintained three-unit property offers strong income potential.
The first-floor unit is a spacious three-bedroom, one-bath layout, city-certified and ready for occupancy. Upstairs, two one-bedroom, one-bath units have passed city rental inspections, with one already occupied by a long-term tenant providing immediate cash flow.
Each unit has separate gas and electric meters, with a single water meter for efficiency. Recent upgrades include new furnaces (2020) and a new roof (2024), reducing maintenance costs. Stoves and refrigerators are included in every unit.
Located in a growing area, this property is near local businesses, transportation, and new development. It offers consistent rental demand and the potential for appreciation. Available with land contract terms, making it accessible for investors looking to expand their portfolio.
Last Agent to Sell the Property
VM Real Estate Group License #6506047844 Listed on: 04/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
Year Built
- Built in 1931
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 50.00 x 150.00
Home Design
- Brick Exterior Construction
- Block Foundation
- Asphalt Roof
Interior Spaces
- 3 Full Bathrooms
- 2,567 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Unfinished Basement
Parking
- 3 Parking Spaces
- On-Street Parking
Outdoor Features
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Natural Gas Water Heater
Community Details
- 3 Units
- Recreation Park Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 1430452004
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2025
Closed on
Jul 15, 2025
Sold by
Buska Michael Stephen
Bought by
M & B Rei Group Llc
Seller's Agent
Tracy Petersen
VM Real Estate Group
Buyer's Agent
Joe Hammel
Keller Williams Somerset
List Price
$265,000
Sold Price
$273,000
Premium/Discount to List
$8,000
3.02%
Views
103
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-63.73%
Original Mortgage
$204,750
Outstanding Balance
$204,750
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$27,356
Purchase Details
Closed on
Jan 26, 2016
Sold by
York Robert E and York Deanna S
Bought by
Catrinars Llc
Purchase Details
Closed on
Dec 18, 2001
Sold by
York Robert E and York Deanna S
Bought by
York Robert E and York Deanna S
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $273,000 | None Listed On Document | |
| Warranty Deed | $273,000 | None Listed On Document | |
| Warranty Deed | $17,000 | Fidelity Natl Title Co Llc | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $204,750 | New Conventional | |
| Closed | $204,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | Sold | $273,000 | +3.0% | $106 / Sq Ft |
| 06/19/2025 06/19/25 | Pending | -- | -- | -- |
| 04/01/2025 04/01/25 | For Sale | $265,000 | -- | $103 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $2,258 | $72,900 | $0 | $0 |
| 2023 | $2,152 | $63,220 | $0 | $0 |
| 2022 | $2,266 | $55,320 | $0 | $0 |
| 2021 | $2,203 | $49,310 | $0 | $0 |
| 2020 | $1,955 | $44,130 | $0 | $0 |
| 2019 | $2,108 | $38,530 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Tracy Petersen
-
Joe Hammel
Buyer's Agent in 2025
Joe Hammel
Keller Williams Somerset
(330) 844-5209
14 in this area
1,020 Total Sales
Map
Source: Realcomp
MLS Number: 20250021679
APN: 14-30-452-004
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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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